Centrica (LON:CNA) Releases Earnings Results

Centrica (LON:CNA) posted its quarterly earnings results on Thursday. The integrated energy company reported GBX 19 ($0.24) earnings per share for the quarter, Digital Look Earnings reports. Centrica had a return on equity of 25.16% and a net margin of 5.39%.

Centrica Stock Up 5.4 %

CNA stock traded up GBX 7.40 ($0.09) during mid-day trading on Thursday, hitting GBX 143.30 ($1.80). 273,003,594 shares of the company were exchanged, compared to its average volume of 30,370,088. The company has a current ratio of 1.77, a quick ratio of 0.40 and a debt-to-equity ratio of 66.48. Centrica has a twelve month low of GBX 112.99 ($1.42) and a twelve month high of GBX 155.30 ($1.95). The firm has a fifty day simple moving average of GBX 134.61 and a 200 day simple moving average of GBX 127.55. The company has a market capitalization of £7.16 billion, a PE ratio of 6.83, a price-to-earnings-growth ratio of 0.45 and a beta of 1.08.

Analysts Set New Price Targets

CNA has been the topic of several research analyst reports. Jefferies Financial Group reissued a “buy” rating and set a GBX 150 ($1.89) target price on shares of Centrica in a research report on Friday, December 6th. Citigroup reissued a “top pick” rating on shares of Centrica in a report on Thursday, December 5th. One research analyst has rated the stock with a sell rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of GBX 167 ($2.10).

Insider Buying and Selling

In other news, insider Amber Rudd purchased 1,672 shares of the stock in a transaction dated Monday, January 27th. The stock was acquired at an average price of GBX 135 ($1.70) per share, for a total transaction of £2,257.20 ($2,840.32). Over the last three months, insiders bought 5,096 shares of company stock worth $658,232. Corporate insiders own 0.20% of the company’s stock.

About Centrica

Centrica is energising a greener, fairer future for our colleagues, customers and communities. Our integrated business operates across the energy value chain, with over ten million Retail customers, leading brands such as British Gas and Bord Gáis Energy, and the UK’s largest energy services workforce.